MilitiaMan Friday Night "The Glory Days" 3-18-2022

KTFA:

Dallasdude:  MM..would love your thoughts on all recent articles that refer to the previous rate..can you really disregard the rate in Dec.2020 before they lowered rate of Dinar..thanks  

MilitiaMan:  A previous era apparently denotes a start and end time of a significant event. One with more significance, than to another would likely have the most impact and would define an era. The latest devaluation is not disregarded by me at all.

The move was meant for specific purposes and I believe it was approved by the World Bank and the IMF not to mention the GOI or the CBI may have not likely done it.

That move down had significant impacts on both the good and the bad in many ways. It was and is meant to be short lived  time frame. In terms of time it will likely be a very short period of time in an over all time frame lasting decades, as opposed to merely a couple years of time the era that they maybe speaking of.

The relatively recent period since they devalued has far less impact than the era that was considered the GLORY DAYS of roughly $3.22.

Those days had a rate that was not under sanctions. Like now for instance, as Chapter 7 has been lifted. Reverting back to program rate of 1190 would put them right back to a program rate and would likely not ever allow them into the international arena.

 Going to a REER (Real Effective Exchange Rate) based off not only oil, but, now taxes and tariffs, customs and fees at the ports and borders, reserves, gold, liquid natural gas, tourism, mining, agricultural uses, etc.,  sure would have far more reality to it in giving the citizens purchase power they rightfully deserve.

With the new digital systems in place like AYSCUDA, the BUNA Platform and the new S2 digital platform they mention today support they are gearing to clear trades in not only local, but, regional and international currencies digitally too.

It will happen when all is ready to interlink.

Add to the being ready we see at the regional level they mention the global flat taxation that is going to be activated. The amounts of monies to be collected at the ports and borders will be staggering imo and will support far more than 1190 or even 1200. 

It will likely support an era of the Glory Days.

They told us the worth of the Dinar in 2017 was worth $1.17 based off only oil. Add in the rest and inflation one should easily see that the REER will be a far cry over 1190. That will in the end be when the rate of 1190 or even 1460 is disregarded and rightfully so, by me. imo ~ MM

"Era denotes the start and end time of a significant event, while Period denotes an event that necessarily does not have any specific time frame for that to have happened. That means to say, an era has specific years and dates while a period does not have it."